chrisgilbey

Umair Haque

In Uncategorized on November 7, 2010 at 1:41 pm
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Umair Haque is one of those thinkers that you need to read regularly. He has a very clear vision of what is happening in management, media and society.

Here is an article that he wrote for the Harvard Business Review about “The Meaning Organization”. The following is a sample…

We’re in the aftermath of the worst economic crisis, many people argue, since the Great Depression. As mightily as governments, central banks, and scholars have labored, a jobless, fruitless, and suspiciously meaningless recovery has begun.Perhaps that’s because the so-called Great Recession wasn’t truly a recession at all. What if the downturn was actually a Great Transformation instead?

Ponder, for a moment, a troublesome paradox: The noughties (2000–2009) were a lost decade for America. Net job creation, wealth creation, shareholder value creation, and median wage growth were not just marginal, but nil or negative. Today, the ranks of the long-term unemployed have exploded, and their jobs seem to have simply vanished. Yet, corporations are hoarding cash, struggling to figure out where to invest it. Yesterday’s jobs, already replaced at lower and lower cost, won’t pass muster and neither will yesterday’s factories, fleets, brands, “products,” or “outputs.” So what might?

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